Final Thoughts
Final Thoughts
Written by John Packard
May 2, 2014
We will begin our beginning of May steel market survey early on Monday morning and will keep it open until Thursday afternoon of this week. If you receive an invitation, please take a moment to click on the link which will take you to SurveyMonkey.com which hosts our questionnaire. Those who participate in our survey will receive a link to a Power Point presentation which analyzes the results from this week and does a historical comparison where appropriate.
A reminder that I will be in Dearborn, Michigan the first three days of this week as we conduct our next Steel 101: Introduction to Steelmaking & Market Fundamentals workshop. As mentioned previously we hope to conduct two more Steel 101 workshops this year. We are excited as we have added at least one new mill to our mix (and we hope two).
We have begun taking reservations for our Managing Price Risk II: Strategies & Execution workshop which will be held on June 24 & 25, 2014 in Chicago at one of the CME Group buildings at 20 South Wacker Drive.
Just a note that we published a Premium Level supplement newsletter on Friday and our Monthly issue was published over the weekend. If any of our members would like to see a copy of our Monthly issue (it makes a great present for the CEO or CFO who don’t have the time to read all of our Executive issues) please send us a note and we will forward you the one we just published: info@SteelMarketUpdate.com
As always we want to thank you for your business which is truly appreciated by all of us here at Steel Market Update.
John Packard, Publisher
John Packard
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Final Thoughts
It’s once again A Tale of Two Cities in the steel market. Some are almost euphoric about Trump’s victory. Others, some rather bearish, are more focused on the day-to-day market between now and Inauguration Day on Jan. 20.
Final Thoughts
One of the perhaps unintentional perks of being a trade journalist is the opportunity to travel and cover an array of industry conferences and events. Some I've attended have been at fun locations, like Palm Springs and Tampa, Fla. Others have been in more practical locations, like SMU’s Steel Summit in Atlanta and American Iron and Steel Institute (AISI) and Steel Manufacturers Association (SMA) meetings in Washington, D.C.
Final Thoughts
t this point in the game I think what we can say about Nippon Steel’s proposed buy of Pittsburgh-based U.S. Steel is that it will go through, it won’t go through, or the outcome will be something new and completely unexpected. Then again, I’m probably still missing a few options.
Final Thoughts
President-elect Donald Trump continues to send shockwaves through the political establishment (again). And steel markets and ferrous scrap markets continue to be, well, anything but shocking. As the French writer Jean-Baptiste Alphonse Karr wrote in 1849, "The more things change, the more they stay the same." (I thought the quote might have been Yankees catcher Yogi Berra in 1949. Google taught me something new today.)
Final Thoughts
President-elect Donald Trump will officially retake the White House on Jan. 20. I’ve been getting questions about how his administration’s policies might reshape the steel industry and domestic manufacturing. I covered the tumult and norm busting of Trump's first term: Section 232, Section 301, USMCA - and that's just on the trade policy side of things. It's safe to say that we'll have no shortage of news in 2025 when it comes to trade and tariffs.